Therefore, Morgan Stanley believes LUV is in the early stages of a new cycle of growth and is predicting an earnings compounded annual growth rate for the company of 28% through 2008.
Reuters
Southwest seeks mediator in flight attendant talks
Wednesday September 10, 4:55 pm ET
CHICAGO, Sept 10 (Reuters) - Southwest Airlines (NYSE:LUV - News) said on Wednesday that it has asked the National Mediation Board to appoint a federal mediator to complete talks with the air carrier's 7,200 flight attendants.
The flight attendants are the last major union at Southwest with an open contract. The group, represented by the Transport Workers Union Local 556, is looking for better pay.
Southwest, the No. 6 U.S. air carrier, said it no longer appeared likely that it would be able to reach a new agreement without mediation. The two sides have been in negotiations for 16 months.
---And SWA needs mediation to resolve this?